An upcoming Urban Institute event will spotlight loss mitigation tools and how they have kept borrowers in their homes while dealing with hardships.
Read More »Last Chance to Register: Taking an Empathetic Approach to Forbearance
On Wednesday, the Five Star Institute presents its webinar focused on how the "human touch" in the forbearance process can promote customer loyalty for life.
Read More »The Week Ahead: Balancing Tech With the Human Touch
On February 16, the Five Star Institute will present a complimentary webinar focusing on how an empathetic approach to the forbearance process can promote customer loyalty.
Read More »PennyMac Reports Mortgage Finance Performance
According to the company's President and CEO, PennyMac's servicing portfolio grew by around 20%.
Read More »PennyMac Selects Nordis Technologies as Print/Mail Partner
Nordis Technologies, based in Coral Springs, Flordia, has secured a major new customer, PennyMac Financial Services Inc., a leading national residential mortgage lender and loan servicer, for its print and mail services. Nordis is ramping up production and distribution of ...
Read More »Previous Ginnie Mae President to Join PennyMac Board
PennyMac Financial Services, Inc., a specialty financial services firm, announced Thursday that August 1, 2017 former President of the Government National Mortgage Association (Ginnie Mae), Theodore W. Tozer, will join its Board of Directors.
Read More »LRES Brings PennyMac on as New Valuation Services Client
LRES, a national provider of commercial and residential valuations and asset management, announced it is now serving the retail lending division of California-based PennyMac Financial Services. As part of its services for PennyMac, LRES is managing appraisals that comply with all USPAP requirements as well as all state and federal appraiser independence regulations for the company's customers.
Read More »PennyMac Integrates Quandis Solution to Automate Short Sale Process
PennyMac Financial Servicers Inc. is implementing a web-based solution from Quandis Inc. to make the short sale process more efficient.
Read More »PennyMac Ordered to Cease and Desist Mortgage Activities in Georgia
The Georgia Department of Banking and Finance announced Friday that it has issued a final cease and desist order to Private National Mortgage Acceptance Co., LLC (PennyMac), the company created by several former executives of defunct subprime lender Countrywide Financial back in March of 2008. The order was issued after the Georgia regulator obtained evidence that PennyMac and PennyMac Loan Services engaged in residential mortgage brokering and lending activities without a license.
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